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Desert Without a Storm: Why Oil Prices Aren't Breaking Records
... the market is still largely disregarding extreme scenarios, notes Reuters columnist Ron Bousso. It appears that markets and investors are in a wait-and-see mode regarding the conflict's progression, considering various scenarios ranging from a ceasefire ... ... in the Middle East has occurred, but it had been anticipated by traders, said Alexey Gromov, the Chief Energy Director at the Institute of Energy and Finance. He explained that the initial spike in the price of crude on June 13 was quite significant, considering ...